HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Financing and Felix Chee
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I agree to yours and Sum4all' point ,but being the Devil's Advocate that I am

1.We already know and have proven what we have in the ground and our SP still languishes below 40 cents

2.Puting "boots on the ground" and finding more nickel, "iums", gold.. etc on our own claims would increase the value of the SP even if we did not improve those finds.

3. My point (that was poorly phrased) was that when we were an exploratory enterprise our SP was over $7.00 and we were starting to develop a mine... we even had a $1,000,000.00 ramp built.

4.To paraphrase an old adage "we would not have ALL our eggs in one basket"

Dennis

STMF

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